Mumbo jumbo, management speak, meedja speak - all have contributed to the richness of our language.
Below is a quote from DLA Piper Joint Chief Executive Frank Burch. DLA Piper are reducing their exposure to bank credit by suggesting that income partners contribute capital and get a slice of the pie.
“Everybody who is a partner in the firm will have some skin in the game, and as you evolve and progress you will contribute more capital and have more skin in the game.”
Can’t say fairer than that….
PRESS RELEASE: MUTTLEY DASTARDLY LLP ARRANGES REALITY CHECK TRAINING FOR ASSOCIATES
Matt Muttley, managing partner of niche boutique City law firm Muttley Dastardly LLP, said today that a number of associates within the firm were taking an ‘employee attitude’ to their work rather than thinking of the long term prosperity of the partners.
Matt Muttley said today:
“I discussed this problem with my partner John Dastardly. As a result of this discussion, over a glass or two of Chateau Talbot 1982, we now have a number of our associates going through some specialised training. The idea is simple. We have rented a small allotment. We gave each associate a 2p coin and some vegetable seeds, asked them to plant the 2p and the seeds in the ground and see whether a money tree springs up in three to four weeks time. We believe that this training will re-focus our associates to think in tune with the partners and understand the realities of life at the top of a law firm in these difficult times.”
Notes to Editors:
1. Matt Muttley is managing partner of leading boutique City law firm Muttley Dastardly LLP
2. Interviews with Mr Muttley can be arranged. The fee for each interview will be variable depending on what you want him to say but prices start at £5000 for a short sound-byte.